| May 27, 2014
| 6:35 PM
Pacific Investment Management Co. is rehiring a former top executive in its latest bid to overcome the furor still lingering from the surprise resignation of its chief executive early this year.
The Newport Beach bond fund giant said Tuesday that Paul...
| May 18, 2014
Research labs closed by pharmaceutical giant Pfizer dot the country: Illinois. Michigan. New Jersey. New York. North Carolina.
Maryland officials don't want this state to join that list.
After Pfizer declared its desire to buy AstraZeneca — which...
| May 21, 2014
| 4:55 PM
Neel Kashkari's career has taken him from engineering to investment banking to managing the federal government's $700-billion bailout of Wall Street, overseeing stock funds and running for governor — all by age 40.
What others might view as a...
| May 19, 2014
| 11:15 AM
Mutual-fund fees are declining as the stock market rises and investors become savvier about expenses, according to a new study.
The sharp rise in share prices last year triggered discounts in which fees in many funds dropped as the assets in those...
| Apr 14, 2014
| 8:18 PM
In a twist on economic globalization less obvious than moving factories overseas, a small but growing number of corporations have relocated headquarters to Europe to escape the 35 percent tax on U.S. profits, the highest in the developing world.
| May 7, 2014
| 1:39 PM
Mondelez International Inc. is combining its coffee business, which includes brands like Maxwell House and Gevalia, with one from a smaller rival and restructuring its business as growth in the global snacks business slows.
Mondelez and D.E Master...
| Apr 24, 2014
| 3:33 PM
Baltimore money manager T. Rowe Price said Thursday that net income rose nearly 26 percent in the first three months of the year, compared with a year earlier, and customers added money to portfolios rather than taking cash out — reversing an...
| May 23, 2014
| 11:02 AM
| May 7, 2014
| 7:49 PM
Just as the Chicago area is getting ready for air conditioning weather, residents can expect to be jolted by higher electric bills.
Starting June 1, Commonwealth Edison customers on average will see monthly bills jump 21 percent, to about $82 a month...
| May 5, 2014
| 2:30 AM
Kiplinger's Personal Finance
Because the U.S. energy market is rapidly expanding, thanks in large part to the shale boom, the master limited partnership market offers plenty of choices. True, some old-time darlings are running aground because their pipes...
| May 14, 2014
| 6:20 PM
Stock prices are near all-time highs, but the real place to be this year is the bond market.
To the surprise of many on Wall Street, the long-underestimated fixed-income market is quietly outperforming its equity counterpart.
Many investors expected...